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Scenario: You are managing an application on Google Cloud Platform (GCP) that serves a global audience with both static and dynamic content. To improve user experience, you implemented a caching layer in Cloud Memorystore (Redis). However, as usage has increased, so has the cost of maintaining the Redis cache. You notice that the Redis cache hit rate is lower than expected, with many requests still reaching the backend, which drives up costs for both the cache and backend resources.What action would be the most effective way to optimize cache utilization and reduce costs?
A FinOps team is building a custom integration to aggregate and analyze cloud spend from AWS, Azure, and GCP. They aim to create a unified dashboard for real-time cost insights across all cloud environments. The team needs to decide on the appropriate tools and configurations for data retrieval and aggregation to support both historical and real-time analysis. Which two of the following approaches should they take to ensure reliable, scalable cost data ingestion and analysis?
Your organization uses Kubecost to manage Kubernetes costs and has recently noticed a rise in idle resources across various clusters. The FinOps team needs to reduce costs by optimizing these idle resources. Which of the following actions would be most effective using Kubecost? (Select two correct answers)
An enterprise cloud customer received a custom rebate on cloud spend for the last quarter due to exceeding their usage commitment. The cloud provider’s rebate terms state that the rebate will only apply to actual consumption that meets specific cost-saving initiatives, such as using Reserved Instances and reducing idle resources. The FinOps team wants to ensure they maximize these rebate opportunities while keeping spend efficient across the next quarter. What is the most effective strategy to achieve this?
A large organization is setting up a FinOps governance framework to manage cloud costs across multiple departments. They want to ensure each department has visibility into its spending and accountability for optimizing it. Which of the following approaches best aligns with the principles of FinOps governance in a large-scale environment?
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